Cryptocurrency Analysis and News Portal
While Bitcoin has seen its fair share of rallies over the past 15 months, analysts are not yet convinced the cryptocurrency is in a full-blown bull market. Though, one key metric suggests that the bull run is right on the horizon. Crypto Bull Run is About to Begin, Analysis of Key
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Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242.ETH price is currently showing a few recovery signs from the $208 low against the US Dollar.The
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Unfortunately for bulls, Bitcoin’s surge to $10,000 on the weekend did not last. Case in point: on Monday, the cryptocurrency started to tank for the umpteenth time, plunging as low as $9,490 on some exchanges as bears managed to take control of the market once again. While BTC remains up over
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In just a few months’ time, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls. This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which
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‘Not Out of the Woods Just Yet’ Caution Experts with COVID-19 Source: StockCharts BTCUSD Pricing February 20, 2020 The recent momentum driving BTC prices in 2020 seems to have slowed somewhat over the past several trading sessions. This is indicated by successive red candlesticks reflecting a downturn in Bitcoin demand. 2020 heralded
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Bitcoin took a substantial hit in trading on Monday, moving from $10,000 to $9,452, in just fourteen hours. The drop, which largely came on profit-taking sentiment, also saw Binance Futures registering one of its biggest long liquidations: worth $2 million.The overleveraged exit order did not switch Bitcoin’s long-term bias –
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Bitcoin price formed a short term top near $10,200 and declined recently against the US Dollar. BTC might continue to decline, but the bulls are likely to remain active above $9,500.Bitcoin is slowly correcting lower below $10,000 and $9,850 against the US Dollar.The price even broke the $9,800 area and
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Litecoin (LTC) hit $70 for the first time since September 2019 this weekend, fuelling speculation it will induce a Bitcoin (BTC) bull run.Data from CryptoX Markets and Coin360 showed LTC/USD passing the notable $70 barrier on Feb. 1, going on to claim local highs of $71.50. LTC seals 65% monthly
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For the already initiated, there is a little spoken of land outside of crypto world where legions of normal people hear about
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Digital currency mining firm Riot Blockchain has begun deploying around 3,000 new units of S17 Pro Antminers as part of the full upgrade of its Oklahoma City mining facility.Per a Jan. 8 press release, Riot now operates nearly 3,000 more S17 Pro Antminers it purchased from Chinese mining giant
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